Are the Sacramento Region's Employers Ready to Hire Again?

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(Sacramento, CA)
Thursday, August 20, 2009
By: Steffi Broski and Steve Milne

Rick Reed conducts a survey of employment trends for a staffing company in Sacramento. His latest study found that a majority of the region’s Top 100 Companies plan to hire the next month-and-a-half.
Rick: “Now that’s the first time that we’ve seen an upturn in hiring in this area in a year.”
The Top 100 Companies in the study are the region’s largest employers and the ones that make the most revenue. Reed says the boost is mostly due to the tourism and agricultural industries. He also says the "cash for clunkers" program has energized the region’s car dealers. But Matt Mahood with the Sacramento Metro Chamber of Commerce is a little less confident.
Matt: “Our members and the businesses that we’re dealing with are still looking for additional signs of recovery, they’re looking for consumer spending to increase, they’re looking for other industry sectors to start hiring.”
Mahood says 25 percent of the region’s workforce is government-related. He says as long as state workers are dealing with pay cuts and furloughs, the local economy will continue to struggle.